KATHMANDU

The Miteri Development Bank has announced to give a 10% dividend to the shareholders from the profit of the last fiscal year 2079–80.

In the meeting of the bank’s board of directors held on Wednesday, it was decided to distribute a 9.50% bonus share from the last year’s accumulated profit and a 0.50% cash dividend for tax purposes, making a total of a 10% dividend to the shareholders.

After the approval of the Nepal Rastra Bank and the bank’s upcoming annual general meeting, the distribution will be made to the shareholders.